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Highway 97 Redmond, OR 97756

778 Acres, Abundant Incentives, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 778-acre commercial land parcel presents a unique investment opportunity in Redmond, Oregon. Located at 0 S Hwy 97, Deschutes County, this expansive property is one of the largest available in the entire state. Its strategic location offers significant advantages for large-scale development. The property benefits from a multitude of local, county, and state incentives designed to maximize returns. These include a Super Enterprise Zone designation, providing property tax abatement and potential income and payroll tax credits based on employment for qualifying projects over 7 to 15 years. The zone sponsors include the cities of Redmond and Sisters, and Deschutes County. Further enhancing its appeal, this South Redmond property also qualifies for a Food Processor Property Tax Exemption, is designated as an eCommerce Zone, and is eligible for Oregon Investment Advantage (OIA) tax exemptions. Minimum parcel size for sale is 50 acres. This prime location and the substantial incentives make this a compelling opportunity for developers seeking significant returns. The property's size and strategic location offer unparalleled potential for a variety of commercial ventures. The zip code is 97756.

Highlights

  • Minimum 50-acre parcels available.

Property Details for 0 Highway 97

Property type
Land
Lot Size (sq. ft)
33,889,680 SF

Location Insight

City
Redmond
County
Deschutes
State
Oregon
Latitude
44.2256648
Longitude
-121.2092788

FAQs

What type of property is this?
Land - 778 Acres, Abundant Incentives, Investment Opportunity
Where is the land located?
The property is located at Highway 97 Redmond, OR.
What are key features of this property?
This property features: Minimum 50-acre parcels available.; ;
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0 Highway 97
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